According to Chosun Ilbo, An Dujie, a member of the Democratic Party of South Korea, will officially submit the draft "Law on the Issuance and Circulation of Value Stable Digital Assets" today. This is the first systematic legislative proposal in South Korea for the issuance, circulation and supervision of Korean won-denominated stablecoins. It is more special project than the stablecoin provisions involved in the Basic Law of Digital Assets of Member Min Byung-deok last month.
It is worth noting that the ruling National Power Party lawmaker Kim Eun-hye was also disclosed by the "Daily Economic News" that he will submit a similar bill this week, forming a bipartisan legislative race. The special project bill first proposed by the Democratic Party marks that the South Korean legislature has entered the substantive operation stage of building a regulatory framework for stablecoins, or laying a legal foundation for the subsequent issuance of Korean won stablecoins in compliance.
Democratic Party of Korea submits first stablecoin special project bill
2025-07-28 02:45:47
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
Previous article：
韩国民主党提交首部稳定币专项法案Next article：
兴业银行透露将研究稳定币
